Compare Today’s Refinance Rates for Springfield, Virginia 22156
Pureloan's advanced engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Springfield, Virginia 22156.
With a 30-year amortization refinance in Springfield and surrounding areas of Fairfax county, our calculations show that you can expect to save up to $10,460 over the lifetime of your mortgage, or a monthly savings of $29. Pureloan explores all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing for Springfield, Virginia 22156.
Summary of Average Refinances in Springfield, Virginia 22156
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Interactive Refinance Rate Projections for Springfield, Virginia 22156
Pureloan has developed an interactive chart to monitor the five largest local lenders in Springfield, VA 22156, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Springfield, Virginia 22156 from 2024 - 2016
The following historical data provides insights into refinancing trends in Springfield, Virginia and the surrounding Fairfax county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 90.91% | 59.04% | 66.42% | 65.46% | 68.62% | 66.13% | 62.03% | 70.79% | 63.32% |
avg refi rate | 5.93% | 3.51% | 2.96% | 3.27% | 4.14% | 4.58% | 4.06% | 3.86% | 4.10% |
% 15 year fixed refinance | 9.09% | 21.77% | 21.00% | 19.39% | 20.50% | 24.19% | 29.54% | 20.63% | 25.10% |
avg refi rate | 5.38% | 2.68% | 2.46% | 2.82% | 3.61% | 3.91% | 3.34% | 3.11% | 3.31% |
Avg credit score | 737.00 | 740.04 | 764.03 | 758.06 | 748.68 | 748.18 | 756.64 | 761.36 | 759.60 |
Avg LTV (loan to value) | 59.09% | 60.84% | 67.92% | 72.07% | 73.66% | 71.20% | 72.39% | 73.41% | 72.19% |
Avg DTI (debt to income) | 37.00 | 32.40 | 31.34 | 31.17 | 32.94 | 33.52 | 31.89 | 31.16 | 30.56 |
Avg refinance insurance % | 1.20% | 2.73% | 4.88% | 6.10% | 4.78% | 5.24% | 5.72% | 4.68% |
Best Refinance Brokers around Springfield, Virginia 22156
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Springfield, Virginia 22156, we have compiled a list of top refinance brokers to assist you in the process.
David Turner
Mortgage Consultant
7202 Old Keene Mill Road
Springfield, VA 22156
(703) 932-5987
david.turner@phmloans.com
Phil goldberg
Loan officer
8309 Kings Ridge Ct
Springfield, VA 22156
(703) 912-9122
philgoldberg1@gmail.com
Kelli Harrington
Loan Officer
3140 Washington Blvd
Arlington, VA 22156
(703) 980-1231
kelli.c.harrington@wellsfargo.com
Micah Horgen
Loan Officer
3140 Washington Blvd
Arlington, VA 22156
(703) 980-1231
micah.horgen@wellsfargo.com
Maria Rodriguez
Loan Officer
3140 Washington Blvd
Arlington, VA 22156
(703) 980-1231
maria.rodriguez@wellsfargo.com
Address
7202 Old Keene Mill Road
Springfield, VA
Contact
(703) 932-5987
Fax (301) 639-0804
david.turner@phmloans.com
Address
8309 Kings Ridge Ct
Springfield, VA
Contact
(703) 912-9122
Fax (301) 639-0804
philgoldberg1@gmail.com
Address
3140 Washington Blvd
Arlington, VA
Contact
(703) 980-1231
Fax (301) 639-0804
kelli.c.harrington@wellsfargo.com